Hello BP, With covid-19 and social distancing affecting construction projects HML's have lowered LTV and increased down payments and some have slowed lending on anything greater than minor rehab projects. I have been...
Newbie from Raleigh NC! I'm a licensed GC and operate a fence installation and repair company. My wife Holly is a real estate broker. I've been a long time reader of this site but haven't chimed in much. Short term, w...
I have about 140k in cash available, and looking for guidance on the best route for funding the second half of constructing a duplex. A little background, I own about 9.4 acres in Hermitage, PA where I house hacked th...
Do you know a good Builders Risk Insurance that will insure a flip property for 4-6 month?We are located in FL. We have worked with Zurich in the past, but then they wanted a GC even for work that does not require a G...
Hey everyone, I'm looking to move on a piece of land located in a pretty remote location at the entrance of a large industrial park. The reasoning behind it is the industrial park has shown substantial growth in the p...
The term “Boring is sexy” was one my mentor had used so many times, I always understood the overarching meaning. Safe and secure, slow and steady. My focus has always been on growth markets, good job growth for the ar...
Hi, I'm a newbie here! Hubby and I own our current single family home in Silver Spring, MD which is part of the Washington DC Metro area. We also own a townhouse rental for 15 years in Hagerstown, MD, which is my orig...
Hello Everyone,I'm 23 years old college graduate looking for a job with a goal to become an investor. Having no real money to really go out and do anything I find myself spending a lot of my time goal setting, learnin...
I am soliciting proposals from general contractors for extensive rehab work on a rental property. What should I expect these proposals to look like?I asked GCs to provide cost broken down by individual project (e.g., ...
I'm already in a deal with a hard money lender on a property at 16%. I'm going off of a Smartsheet kind of like excel for investors that track your spending on the projects needed to rehab the house. The issue I'm hav...